Businesses in West Norwood and Tulse Hill are looking to formally join together to drive growth in the town centre.
Funding has been secured from Lambeth council and the Mayor of London with a view to creating a Business Improvement District, boosting the area as it fast becomes one South London’s most thriving communities.
Last summer saw the opening of the West Norwood Health & Leisure Centre, it was announced last month that Picturehouse will open a four-screen cinema in Norwood High Street alongside a refurbished public library and West Norwood Feast has been a booming community market since 2012.
Now, with a growing number of independent businesses opening along Norwood High Street, the West Norwood Business Association in collaboration with Lambeth council and Cross River Partnership regeneration specialists are proposing the formation of a BID, which will create even more opportunities for businesses and the community.
If given the go ahead after a ballot, the West Norwood and Tulse Hill BID would be the seventh in Lambeth, making it the London borough with the most BIDs.
Cllr Jack Hopkins, Lambeth council cabinet member for Jobs and Growth, said: “We’ve already seen, with six other BIDs across Lambeth town centres, what a positive impact it can have to bring businesses together and create an income for that specific area.
“Local people and businesses know what the priorities should be in West Norwood and Tulse Hill and this is their opportunity to lead.
“A strong business community means a strong local economy and that breeds a stronger community with more opportunities for Lambeth residents.”
Owen Dallison, who owns the Lazy Rhubarb café in Station Rise near Tulse Hill station, said: “The West Norwood and Tulse Hill area is on the up and both businesses and residents have high aspirations for its future.
“The business community is already making the area more attractive and with a BID we can do even more.”
Last week, the GLA approved £30,000 of funding from the Mayor’s New BID Development Fund to continue Lambeth’s BID development work with local businesses. Lambeth council has already committed £50,000 from the Community Investment Fund.
Marco Modulo, Chair of West Norwood Business Association, said: “West Norwood has great potential to provide more for businesses. The recent investment from the Mayor’s Outer London Fund has really helped – it is now the time to capitalise on that.”
If local businesses agree to the formation of a BID, each business in the area will contribute a small levy into a BID fund which will be used to address their set priorities such as cleaning and greening the high street, increasing the marketing and footfall for local shops, restaurants, cafes, pub and leisure facilities, reduce business costs through group purchasing and develop a forward plan of actions and opportunities for West Norwood and Tulse Hill.